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On Friday, the US Securities and Exchange Commission (SEC) charged ex-NBA star Paul Pierce with crypto breaches. The charges against him center on his promotion of EthereumMax (EMAX) coins on social media without providing the necessary context. The SEC said the ex-player made deceptive claims in a promotion for EMAX.
Regulation authorities in Canada are preparing to impose tighter laws for exchanges in the nation, only days after the U.S. Securities and Exchange Commission (SEC) imposed limitations on crypto-related activity. The Canadian Securities Administrators (CSA) are said to be drafting new regulations. That cryptocurrency exchanges operating in Canada will have
Bitcoin (BTC), the genesis and leading asset in the cryptocurrency market has made its way to $24,000.The last record made on the $24k limit was on June 2022. And the whole crypto market takes it as an indication of the bull run. This price is also the new high in
While the International Monetary Fund (IMF) ‘warned El Salvador’ against boosting the government’s involvement with Bitcoin (BTC), the Central American country plans to open a second “Bitcoin Embassy” in Texas after establishing its first one in Lugano, Switzerland. According to a Twitter post from Milena Mayorga, El Salvador’s Ambassador to
Recently, the Financial Conduct Authority (FCA) in the United Kingdom has been clamping down on cryptocurrency ATMs. That are not properly registered. The authority claims to have recently visited and investigated a number of locations near Leeds. It is a city in Northern England that was suspected of housing illegally
Near the conclusion of last year, inflation in the United States began to moderate. As the CPI data has been refined over the previous several months, this tendency has been confirmed once again. The 7.1% inflation rate recorded in November was below market forecasts. This trend continued in December when
Following a severe cash flow shortfall in the month of November, Iris Energy said on Monday that their hash rate had returned to levels seen before the FTX incident. The Bitcoin mining company plans to boost its internal mining capacity from 2.0 EH/s to 5.5 EH/s during the next several
DBS Group Holdings Ltd. plans to apply for a license that would allow it to offer cryptocurrencies to customers in Hong Kong as the region works towards becoming a hub for digital assets. The DBS Bank in Singapore runs a digital currency exchange, which it made available for cryptocurrency trading
With his guilty plea to commodities fraud in a New York district court. Eddy Alexandre, the apparent CEO of cryptocurrency trading platform EminiFX, agreed to reimburse victims of his “cryptocurrency investment scam” to the tune of millions. On February 10th, the US Department of Justice (DOJ) reported that Alexandre pleaded
Despite the challenging global economic conditions, central bank officials strive to stabilize Asia’s third-largest economy. As the Indian Finance Minister Nirmala Sitharaman stated in a LokSabha question hour, the Group of 20 (G20) big economies are exploring “the possibility of regulating cryptocurrencies and crypto mining” as a group. While China
